QDEC vs. QCJL

Last updated Jun 3, 2026

QDEC (FT Vest Nasdaq-100 Buffer ETF – December) and QCJL (FT Vest Nasdaq-100 Conservative Buffer ETF - July) are both Nasdaq-100 funds. Both are actively managed. Over the past year, QDEC returned 26.45% vs 15.27% for QCJL. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.90% expense ratio.

Performance

QDEC vs. QCJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Nasdaq-100 Buffer ETF – December (QDEC) and FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDEC achieves a 9.68% return, which is significantly higher than QCJL's 5.21% return.

QDEC

• 1D: 0.03%
• 1M: 3.54%
• YTD: 9.68%
• 6M: 11.24%
• 1Y: 26.45%
• 3Y*: 17.63%
• 5Y*: 11.18%
• 10Y*: —

QCJL

• 1D: 0.06%
• 1M: 1.28%
• YTD: 5.21%
• 6M: 5.76%
• 1Y: 15.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QDEC vs. QCJL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QDEC FT Vest Nasdaq-100 Buffer ETF – December	9.68%	18.12%	5.22%
QCJL FT Vest Nasdaq-100 Conservative Buffer ETF - July	5.21%	13.10%	4.12%

Correlation

The correlation between QDEC and QCJL is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024	0.88

The correlation between QDEC and QCJL has been stable across timeframes, ranging from 0.86 to 0.88 - a consistent structural relationship.

Return for Risk

QDEC vs. QCJL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QDEC

QDEC Risk / Return Rank: 80
QDEC Sharpe Ratio Rank: 82
QDEC Sortino Ratio Rank: 84
QDEC Omega Ratio Rank: 84
QDEC Calmar Ratio Rank: 70
QDEC Martin Ratio Rank: 82

QCJL

QCJL Risk / Return Rank: 82
QCJL Sharpe Ratio Rank: 78
QCJL Sortino Ratio Rank: 83
QCJL Omega Ratio Rank: 84
QCJL Calmar Ratio Rank: 76
QCJL Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QDEC vs. QCJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Nasdaq-100 Buffer ETF – December (QDEC) and FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	QDEC	QCJL	Difference
Sharpe ratio Return per unit of total volatility	2.72	2.60	+0.11
Sortino ratio Return per unit of downside risk	3.83	3.80	+0.03
Omega ratio Gain probability vs. loss probability	1.52	1.53	-0.01
Calmar ratio Return relative to maximum drawdown	3.55	3.91	-0.36
Martin ratio Return relative to average drawdown	17.00	19.90	-2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QDEC vs. QCJL - Sharpe Ratio Comparison

The current QDEC Sharpe Ratio is 2.72, which is comparable to the QCJL Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of QDEC and QCJL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QDEC	QCJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.72	2.60	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	1.29	-0.51

Drawdowns

QDEC vs. QCJL - Drawdown Comparison

The maximum QDEC drawdown since its inception was -25.25%, which is greater than QCJL's maximum drawdown of -11.18%. Use the drawdown chart below to compare losses from any high point for QDEC and QCJL.

Drawdown Indicators

	QDEC	QCJL	Difference
Max Drawdown Largest peak-to-trough decline	-25.25%	-11.18%	-14.07%
Max Drawdown (1Y) Largest decline over 1 year	-7.58%	-4.00%	-3.58%
Max Drawdown (3Y) Largest decline over 3 years	-16.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.25%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.04%	-1.07%	-3.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	0.79%	+0.79%

Volatility

QDEC vs. QCJL - Volatility Comparison

FT Vest Nasdaq-100 Buffer ETF – December (QDEC) has a higher volatility of 1.35% compared to FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) at 0.38%. This indicates that QDEC's price experiences larger fluctuations and is considered to be riskier than QCJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDEC	QCJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	0.38%	+0.97%
Volatility (6M) Calculated over the trailing 6-month period	7.57%	4.32%	+3.25%
Volatility (1Y) Calculated over the trailing 1-year period	9.79%	5.90%	+3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.70%	9.49%	+5.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.61%	9.49%	+5.12%

QDEC vs. QCJL - Expense Ratio Comparison

Both QDEC and QCJL have an expense ratio of 0.90%.

Dividends

QDEC vs. QCJL - Dividend Comparison

Neither QDEC nor QCJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QDEC and QCJL in my portfolio?

QDEC and QCJL have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QDEC or QCJL?

QDEC has higher volatility (1.35%) compared to QCJL (0.38%). In terms of maximum drawdown, QDEC dropped -25.25% vs QCJL's -11.18%.

Which ETF is better, QDEC or QCJL?

On 1-year performance, QDEC leads with 26.45% vs 15.27% for QCJL. Both ETFs have the same 0.90% expense ratio. On volatility, QCJL has been the lower-risk option at 0.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDEC or QCJL?

Over the 1-year period, QDEC has performed better with a 26.45% return vs 15.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDEC or QCJL?

QDEC and QCJL have the same expense ratio: 0.90% per year.

Which ETF pays a higher dividend yield, QDEC or QCJL?

QDEC and QCJL have nearly identical dividend yields, around 0.00%.

What is the main difference between QDEC and QCJL?

They also come from different issuers: FT Vest and First Trust.

Which has better risk-adjusted returns?

QDEC currently has the higher Sharpe Ratio (2.72 vs 2.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.